BackTable / VI / Podcast / Episode #392
How to Maximize Efficiency & Revenue with EMRs & Practice Management Systems
with Dr. Paramjit "Romi" Chopra
In this episode of the BackTable Podcast, host Dr. Ally Baheti and Dr. Paramjit “Romi” Chopra discuss the processes involved in successful interventional radiology practice management. Dr. Chopra is an interventional radiologist practicing in Chicago, IL. He is the founder and CEO of Midwest Institute for Minimally Invasive Therapies.
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BackTable, LLC (Producer). (2023, December 11). Ep. 392 – How to Maximize Efficiency & Revenue with EMRs & Practice Management Systems [Audio podcast]. Retrieved from https://www.backtable.com
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Podcast Contributors
Dr. Paramjit Chopra
Dr. Paramjit "Romi" Chopra is a practicing interventional radioloist and the founder and CEO of the Midwest Institute for Minimally Invasive Therapies in Chicago, Illinois.
Dr. Aparna Baheti
Dr. Aparna Baheti is a practicing Interventional Radiologist in Tacoma, Washington.
Synopsis
Dr. Chopra advises young IRs against going solo, and he suggests finding people who’ve done it before, to avoid “reinventing the wheel.” Dr. Chopra emphasizes the importance of adopting a patient-centered approach, building systems, developing business sense, and understanding risk. He shares his own experiences of building systems using Salesforce and explains the concept of ‘omni-channel healthcare delivery’. He particularly discusses the importance of patient, provider, and payer relationships, and he offers solutions for dealing with inherent complications. The episode also covers identifying the right electronic health record and developing an effective inventory management system.
Timestamps
00:00 - Introduction
05:41 - Shift from Academic Medicine to Entrepreneurship
09:40 - Patient-Centered Care in Interventional Radiology
11:13 - Challenges of Starting an Independent Practice
17:49 - Role of Electronic Health Records (EHRs) in Modern Healthcare
26:15 - Challenges of Implementing EHRs in Interventional Radiology
35:30 - Misconceptions about Outpatient Based Labs (OBLs)
37:01 - Understanding the Payer System
38:19 - Challenge of Insurance Coverage
51:43 - Practice Management Companies
Resources
MIMIT Healthcare:
https://mimithealth.com/physicians-executives
The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber:
https://a.co/d/2TuGpTn
AdvancedMD Cloud Based EMR:
https://www.googleadservices.com/pagead/aclk
Athena Cloud Based EMR:
https://www.athenahealth.com/landing/athenaclinicals
CIMSS Management Services Organization (MSO):
https://www.cimss.com/
Salesforce:
https://www.salesforce.com/
Disclaimer: The Materials available on BackTable.com are for informational and educational purposes only and are not a substitute for the professional judgment of a healthcare professional in diagnosing and treating patients. The opinions expressed by participants of the BackTable Podcast belong solely to the participants, and do not necessarily reflect the views of BackTable.